Africa: Market for Medicaments Containing Insulin But Not Antibiotics In Measured Doses 2024

Market Size for Medicaments Containing Insulin But Not Antibiotics In Measured Doses in Africa

In 2022, the African prophylactic medicaments containing insulin market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded a prominent increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Medicaments Containing Insulin But Not Antibiotics In Measured Doses in Africa

In value terms, prophylactic medicaments containing insulin production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Medicaments Containing Insulin But Not Antibiotics In Measured Doses

Exports in Africa

In 2022, overseas shipments of medicaments containing insulin but not antibiotics in measured doses increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, prophylactic medicaments containing insulin exports skyrocketed to $X in 2022. In general, exports posted a prominent increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

South Africa dominates exports structure, reaching X tons, which was approx. X% of total exports in 2022. Morocco (X tons) held a relatively small share of total exports.

South Africa was also the fastest-growing in terms of the medicaments containing insulin but not antibiotics in measured doses exports, with a CAGR of X% from 2012 to 2022. At the same time, Morocco (X%) displayed positive paces of growth. From 2012 to 2022, the share of South Africa increased by X percentage points.

In value terms, South Africa ($X) and Morocco ($X) appeared to be the countries with the highest levels of exports in 2022.

South Africa, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Morocco ($X per ton), while South Africa stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%).

Imports of Medicaments Containing Insulin But Not Antibiotics In Measured Doses

Imports in Africa

In 2022, supplies from abroad of medicaments containing insulin but not antibiotics in measured doses increased by X% to X tons, rising for the third year in a row after two years of decline. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, prophylactic medicaments containing insulin imports reduced to $X in 2022. Total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Algeria represented the major importer of medicaments containing insulin but not antibiotics in measured doses in Africa, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by South Africa (X tons), Namibia (X tons), Tunisia (X tons), Morocco (X tons) and Ethiopia (X tons), together comprising a X% share of total imports. Zimbabwe (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to prophylactic medicaments containing insulin imports into Algeria stood at X%. At the same time, Namibia (X%), Ethiopia (X%), Zimbabwe (X%), Tunisia (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. South Africa experienced a relatively flat trend pattern. From 2012 to 2022, the share of Namibia, Tunisia, Ethiopia and Zimbabwe increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Algeria ($X) constitutes the largest market for imported medicaments containing insulin but not antibiotics in measured doses in Africa, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports. It was followed by Tunisia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Algeria totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Tunisia (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per ton), while Namibia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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